News from Canada's Mortgage Experts

Probably the easiest way to save money on your mortgage occurs when it is up for renewal. We are able to save this particular client, whose renewal is up next month, $1000's of dollars. Just by following a few simple mortgage strategies:

1. By using a mortgage broker rather than going back to one bank their mortgage was getting shopped around for the best mortgage rate, terms and conditions.
2. They were guaranteed the lowest rate possible within four months of their renewal date.
3. They will pay no costs when transferring their mortgage to a new lender

REMEMBER TO ASK YOURSELF WHEN IT IS TIME TO RENEW YOUR MORTGAGE:

1. Should I be loyal to me or my bank?
   
2. Will I get a better rate shopping my mortgage to just one bank?
   
3. Why hasn't my bank provided me with a four month low rate guarantee?